Maurice Gallagher Jr (ALGT) files to sell 56,243 common shares

Rhea-AI Filing Summary

Maurice J Gallagher Jr has filed a Rule 144 notice indicating an intention to sell up to 56,243 shares of ALGT common stock. The planned sale, through Morgan Stanley Smith Barney LLC on NASDAQ around 02/09/2026, has an aggregate market value of $6,457,450.06.

The filing also reports that Gallagher sold 175,000 common shares during the past three months on 02/06/2026 for gross proceeds of $19,990,890.00. The issuer had 18,313,574 shares of this class outstanding, providing context for the size of these transactions.

Insights

Equity capital markets analyst

Large but routine Rule 144 insider sale notice; thesis impact likely limited.

The filing shows Maurice J Gallagher Jr intends to sell up to 56,243 ALGT common shares under Rule 144, with an indicated market value of $6,457,450.06. This is a pre-sale notice rather than confirmation that all shares will be sold.

Gallagher also sold 175,000 common shares in a prior transaction on 02/06/2026 for gross proceeds of $19,990,890.00. While sizable in dollar terms, the underlying business information is unchanged; this document focuses on share disposition, not operating performance or guidance.

The class had 18,313,574 shares outstanding, which helps frame the scale of the proposed and recent sales. Actual market impact will depend on execution details and overall trading liquidity, which are not detailed here.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	56243	6457450.06	18313574	02/09/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/16/2001	Private Acquisition from Issuer/Affiliate	Issuer			56243	07/16/2001	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
MAURICE J GALLAGHER JR 1201 North Town Center Drive Las Vegas NV 89144	Common	02/06/2026	175000	19990890.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many ALGT shares does Maurice J Gallagher Jr plan to sell under this Rule 144 notice?

The notice indicates that Maurice J Gallagher Jr may sell up to 56,243 shares of ALGT common stock. These shares are to be sold through Morgan Stanley Smith Barney LLC on NASDAQ, with an indicated aggregate market value of approximately $6.46 million at the time of filing.

What recent ALGT share sales by Maurice J Gallagher Jr are disclosed?

The document reports that Maurice J Gallagher Jr sold 175,000 common shares on 02/06/2026 for gross proceeds of $19,990,890.00. This prior transaction occurred within the last three months and is disclosed alongside the new planned sale under Rule 144 requirements.

What is the aggregate market value of the ALGT shares Maurice J Gallagher Jr may sell now?

The planned sale of 56,243 ALGT common shares has an indicated aggregate market value of $6,457,450.06. This value reflects the market price used in the notice and helps investors gauge the approximate dollar size of the potential Rule 144 transaction.

How many ALGT common shares are outstanding compared with Maurice J Gallagher Jr’s planned sale?

The filing states that there are 18,313,574 ALGT common shares outstanding. Against this baseline, the proposed sale of 56,243 shares represents a relatively small portion of the total class, providing context for the scale of the transaction versus overall equity.

Through which broker and on which exchange are the ALGT shares expected to be sold?

The Rule 144 notice lists Morgan Stanley Smith Barney LLC Executive Financial Services as broker for the planned sale of ALGT common shares. The shares are expected to be sold on the NASDAQ exchange, with an approximate sale date of 02/09/2026 indicated.

When and how did Maurice J Gallagher Jr originally acquire the ALGT shares to be sold?

The shares covered by this notice were acquired on 07/16/2001 through a private acquisition from the issuer or an affiliate. The filing reports that 56,243 shares were obtained on that date, with the purchase price paid in cash at the time.